3,344,906
Robbery? YES.
Crappy? YES.
Wrong on so many levels? Absolutely!!
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John Juarez
Fremont, CA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Carol Williams
Wenatchee, WA
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John Pusa
Glendale, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
1,311,377
Lending is a business of risk.
This will slow down the refi market as it is not good news for many of those contemplating a refi.
By the way, Caroline Gerardo, your link did not work.
Try this one: FHFA increases loan fee
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Candice A. Donofrio
Fort Mohave, AZ
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Carol Williams
Wenatchee, WA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Kathleen Daniels, Prob...
San Jose, CA
-
John Pusa
Glendale, CA
378,387
Good has paid a price to evil since the dawn of time.
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John Juarez
Fremont, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Carol Williams
Wenatchee, WA
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Kathleen Daniels, Prob...
San Jose, CA
1,090,637
The link is not working but I was able to read about it thanks to John Juarez posting an alternate. This is utterly ridiculous and wrong on so many levels. It reminds of the notices we get for HO and flood insurance about an "across the board increase" which I consider total b___ s___. Whatever happened to risk based lending and insurance. Don't get me started...
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John Juarez
Fremont, CA
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Carol Williams
Wenatchee, WA
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Kathleen Daniels, Prob...
San Jose, CA
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John Pusa
Glendale, CA
1,543,613
Wow, so whether they refi and stay in their FHA or refi-out there's a fee?
Robbery both ways, they already stick it to them with permanent PMI.
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Carol Williams
Wenatchee, WA
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John Pusa
Glendale, CA
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Lyn Sims
Schaumburg, IL
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John Juarez
Fremont, CA
465,398
I think you just described the concept behind insurance.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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John Juarez
Fremont, CA
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Candice A. Donofrio
Fort Mohave, AZ
1,598,452
Link does not work.
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John Juarez
Fremont, CA
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John Pusa
Glendale, CA
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Kathleen Daniels, Prob...
San Jose, CA
4,160,276
Caroline Gerardo many borrowers will pay more in finance charge.
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John Juarez
Fremont, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Kathleen Daniels, Prob...
San Jose, CA
1,844,271
well link is not working but I cannot see charging anymore across the board. Why do people think the FHA well is dry? It's supposedly fine the way it is. They are probably expecting more defaults because of the pandemic.
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John Juarez
Fremont, CA
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Carol Williams
Wenatchee, WA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
2,817,671
1,844,271
well link is not working but I cannot see charging anymore across the board. Why do people think the FHA well is dry? It's supposedly fine the way it is. They are probably expecting more defaults because of the pandemic.
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John Juarez
Fremont, CA
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Carol Williams
Wenatchee, WA
2,781,123
the good paying for the bad is an age old dynamic.....What can you do?
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John Juarez
Fremont, CA
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Carol Williams
Wenatchee, WA
7,835,329
634,531
Total extortion and money-grab from our "partners" at the FHFA. Mark Calabria has repeatedly proven he is no supporter of the real estate or mortgage industries. He needs to go.
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John Juarez
Fremont, CA
5,216,359
3,164,119
I actually think it's fine. Because it will help when all the REO properties hit 12 months from now. And for people being forced to close their business, there will be foreclosures. I believe it will happen in urban areas, no everywhere.
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John Juarez
Fremont, CA
2,182,502